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Buy Bitcoin with Bank Account in UK

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How to Buy Bitcoin with Bank Account in UK

How does it work

Transaction Steps for Buying BTC with a Bank Account in the United Kingdom

Paybis provides a guided process for buying Bitcoin with a bank account in the United Kingdom. Before a new UK customer can make their first transaction, they must complete identity verification and additional mandatory steps, including a 24-hour cooling-off period. Once those steps are complete:
 
  • Select an amount for your purchase
  • Complete identity verification and the applicable UK FinProm onboarding steps
  • Provide bank details
  • Complete the payment via your bank app

How to Buy Bitcoin with Bank Account in UK?

UK regulations mandate a 24-hour cooling-off period for new investors. After this and completing required verifications, proceed as follows:
 
  • Create a Paybis account or sign in
  • Set up a crypto wallet or opt for Paybis Wallet
  • Complete the purchase with any supported bank account

Using a Bank Account to Buy Bitcoin in the UK

Cryptoassets are high-risk investments. Please review the risks outlined in this article before deciding whether to proceed.

Bank transfer is one of the supported payment methods for buying Bitcoin through Paybis. Key points to consider include:
 
  • Fees vary by payment method and transaction. All Paybis fees are shown before you confirm a transaction (see fee details above).
  • Depending on your bank, you may be able to complete the bank transfer through your bank's mobile app or website.
Review the available payment methods, transaction timing and other relevant information before choosing an option.

Buying Bitcoin with a Bank Transfer through Paybis

Paybis provides a platform for buying Bitcoin with a bank account in the United Kingdom. The following information relates to the platform and transaction process:
  • All Paybis fees are shown before you confirm a transaction (see above).
  • Paybis customer support is available 24/7.
  • The Paybis platform provides step-by-step on-screen instructions for using the transaction process. This description relates to the platform interface and not to the ease or risk of investing in cryptoassets.
  • Customer reviews of Paybis are available on Trustpilot.

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